American States Water Named to TIME's America's Best Mid-Size Companies 2025 List

American States Water Company has been named on TIME's America's Best Mid-Size Companies 2025 list, ranking among the top 500 companies based on revenue growth, employee satisfaction, and sustainability transparency. The company's inclusion on the list reflects its strategic growth plans, commitment to its workforce, and focus on sustainability initiatives. American States Water Company is one of only two investor-owned water utilities on the list.

American States Water Company (NYSE:AWR) has been named on TIME’s America’s Best Mid-Size Companies 2025 list, ranking among the top 500 companies based on revenue growth, employee satisfaction, and sustainability transparency. This recognition underscores the company’s strategic growth plans, commitment to its workforce, and focus on sustainability initiatives. American States Water Company is one of only two investor-owned water utilities on the list [1].

The company, which serves over one million people in ten states, provides water and electricity services through its subsidiaries. Through its water utility subsidiary, Golden State Water Company, American States Water Company serves approximately 265,000 customer connections in Northern, Coastal, and Southern California. Additionally, its electric utility subsidiary, Bear Valley Electric Service, Inc., distributes electricity to around 25,000 customer connections in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. The company’s contracted services subsidiary, American States Utility Services, Inc., provides operations, maintenance, and construction management services for water distribution, wastewater collection, and treatment facilities on twelve military bases under long-term contracts with the U.S. government [2].

The inclusion on the TIME’s list is a reflection of the company’s strong performance in the key areas of revenue growth, employee satisfaction, and sustainability transparency. The company’s commitment to its workforce and sustainability initiatives has been instrumental in achieving this recognition. TIME partnered with market research firm Statista to collect data via employee surveys, revenue databases, and ESG databases, ultimately naming 500 companies to the list [1].

American States Water Company has a long history of consistent dividend payments, having increased dividends every year since 1931. Over the last five years, the company has grown its quarterly dividend rate at a compound annual growth rate (CAGR) of 8.5%, and it is on track to achieve a 10-year CAGR of 8.3% in its calendar year dividend payments through 2025. The company’s current policy aims to achieve a long-term compound annual growth rate in the dividend of more than 7% [2].

This recognition by TIME further validates American States Water Company’s position as a leader in the mid-size company segment, particularly in the water utility industry. The company’s continued focus on growth, employee satisfaction, and sustainability will likely contribute to its future success and continued inclusion on prestigious lists.

References:
[1] https://www.stocktitan.net/news/AWR/american-states-water-company-named-on-time-s-america-s-best-mid-xp507hxxw37y.html
[2] https://www.businesswire.com/news/home/20250808571921/en/American-States-Water-Company-Named-on-TIMEs-Americas-Best-Mid-Size-Companies-2025-List